11-15-2002, 11:39 AM
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#43
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Guest
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Quote:
Originally posted by Moiraine:
Just a historic note - do you know who invented the priciple of VAT ? [img]smile.gif[/img]
It was Sully, Prime Minister of our French king Henri IV, around 1600.
And at the time, it WAS a social idea, because at the time most of the people were peasants, who almost never manipulated money - they mostly got what they needed by directly exchanging goods. So Sully's idea was to get less money from overtaxing the peasants, and more from taxing merchants.
How a tax can be diverted from its original intent ...
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Hurraaahhh for the French!
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